tag:blogger.com,1999:blog-8278279504304651957.post9017980363676123886..comments2019-01-21T10:41:31.932-08:00Comments on South Asia Investor Review: Open Forum 2018: Pakistani-American Entrepreneurs Summit in Silicon ValleyRiaz Haqhttp://www.blogger.com/profile/00522781692886598586noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-8278279504304651957.post-79161894662192263512018-08-13T16:36:49.978-07:002018-08-13T16:36:49.978-07:00156 #Pakistani #Fulbright scholars heading to #Am...156 #Pakistani #Fulbright scholars heading to #America. #Pakistan’s Fulbright program is one of the largest in the world. #Pakistani participants will attend 70 U.S. universities to study &amp; conduct research in engineering, social sciences, energy, etc. https://pk.usembassy.gov/156-pakistanis-heading-to-u-s-for-fulbright-studies-and-research/#.W3IUBrgsE7k.twitter<br /><br />Islamabad, July 12, 2018 –American Embassy Chargé d’Affaires John Hoover and Assistant Secretary of State for the Bureau of Educational and Cultural Affairs Marie Royce spoke to 156 Pakistani Fulbright Scholarship recipients preparing to leave for the U.S., where they will pursue advanced studies and research.<br /><br />The Fulbright Program is the American government’s flagship academic exchange program, and, thanks to contributions by both the American and Pakistani governments, Pakistan’s program is one of the largest in the world. The Pakistani participants will attend 70 U.S. universities to study and conduct research in a wide variety of academic disciplines, including engineering, social sciences and energy management.<br /><br />The Chargé d’Affaires congratulated the students on being selected for the prestigious program but told them to begin thinking about how they can help Pakistan when they return.<br /><br />“What you do next is what truly matters,” he said. “How you take the knowledge you’ll gain in America—whether from textbook, your professors or the everyday challenges of life—and use it to benefit all of society will determine where life takes you.”<br /><br />Noting that “the President has said that we must empower women as pillars of our society and of our success,” Royce emphasized that 46 percent of this year’s students are women. She also singled out the work of Fulbright alumna Dr. Najma Najam, who founded Fatima Jinnah Women’s University and helped create “the next generation of the country’s women leaders.”<br /><br />Since 1946, the Fulbright Program—which is administered by the U.S. Educational Foundation in Pakistan (USEFP)—has provided more than 370,000 participants from around the world the opportunity to conduct research, implement skills and ideas, teach, and contribute to society. To learn more about the Fulbright Program and about U.S. education initiatives in Pakistan, visit usefpakistan.org and pk.usembassy.gov.<br /><br />Riaz Haqhttps://www.blogger.com/profile/00522781692886598586noreply@blogger.comtag:blogger.com,1999:blog-8278279504304651957.post-72848377305878359052018-06-05T07:56:09.157-07:002018-06-05T07:56:09.157-07:00Textile industry in Pakistan an open example of re...Textile industry in Pakistan an open example of resistance economy<br /><br /><br />https://nation.com.pk/03-Jun-2018/textile-industry-in-pakistan-an-open-example-of-resistance-economy<br /><br />The textile industry in Pakistan is the largest manufacturing industry in the country and no doubt it is an explicit example of resistance economy.<br /><br />For years, the textile sector has been the country’s backbone as it provides employment and export revenues.<br /><br />The textile sector in Pakistan contributes 57% to the country’s exports. The textile industry is the second largest employment sector in Pakistan.<br /><br />Pakistan is the 8th largest exporter of textile commodities in Asia and textile sector contributes 8.5% to the GDP of Pakistan.<br /><br />It is pertinent to mention that the exports of textile products posted a growth of 12.8 per cent year-on-year to $4.4 billion in 2017-18.<br /><br />The total textile sector exports reached $7.72bn value-wise in July-January 2018 versus $7.2bn in the corresponding period of last year, reflecting an increase of 7.18 pc<br /><br />In the 1950s, textile manufacturing emerged as a central part of Pakistan&#39;s industrialization, shortly following independence from the British rule in South Asia. In 1974, the Pakistan government established the Cotton Export Corporation of Pakistan (CEC).<br /><br />Between 1947 and 2000, the number of textile mills in Pakistan increased from 3 to 600. In the same time spindles increased from 177,000 to 805 million.<br /><br />Cotton spinning is perhaps the most important segment in the Pakistan textile industry with 521 units installed and operational, says a report by IRNA news agency.<br /><br />Synthetic fibers prepared with nylon, polyester, acrylic, and polyolefin dominate the market.<br /><br />Three types of filament yarn are also produced in Pakistan. These are acetate rayon yarn, polyester filament yarn, and nylon filament yarn.<br /><br />Textile products manufactured from wool are also famous across the country and they include woolen yarn, acrylic yarn, fabrics, shawls, blankets, and carpets.<br /><br />Artificial silk is also produced in Pakistan. This fiber resembles silk but costs less to produce. There are about 90,000 looms in the country.<br /><br />There are many famous clothing brands in Pakistan who use locally produced fabrics due to its high quality.<br /><br />According to consumers the fabric produced in Pakistan is high in quality as compared to fabric produced in other countries.<br /><br />In recent years, Pakistan has faced competition from regional players including Bangladesh, India and Vietnam.<br /><br />Pakistan is currently facing a large-scale energy crisis. The government manages the deficit through daily power cuts (or blackouts). These power cuts have significantly impacted manufacturing industries in Pakistan.Riaz Haqhttps://www.blogger.com/profile/00522781692886598586noreply@blogger.com